The company has not set up reserves for its mortgage portfolio and is not required to, so losses in that area are charged against capital surplus.

Toronto-Dominion alone is estimated to have a capital surplus of 2 billion to 2.5 billion Canadian dollars.

A bank is the connection between customers that have capital deficits and customers with capital surpluses.

Urbanisation is one way to absorb the capital surplus".

"At some point soon we will be faced with a judgment about whether the capital surplus is adequate," Mr. Foley said.

Any premium received over the par value is credited to capital surplus.

Indeed, a key question in the dispute is who has the right to Green Point's capital surplus of $758 million.

By 1916, the Ford Motor Company had accumulated a capital surplus of $60 million.

Third, Japan, sitting on the world's biggest capital surpluses, must become financier to the developing world.

The foreign investment or "capital surplus" is the other side of the coin of our current or trade deficit.